Making certain home improvements can help reduce your home insurance premiums. If you are considering making large upgrades to your home, we recommend speaking with our team to see how your coverage may be affected. Here are some examples of home upgrades that could save you money on your home insurance:
- Install a security system: Installing a security system in your home, such as an alarm system, can help reduce the risk of burglary and theft, which can lead to lower insurance premiums.
- Upgrade your roof: Upgrading your roof to a stronger and more durable material, such as metal or tile, can help reduce the risk of damage from severe weather, such as hail or wind, which can lead to lower insurance premiums.
- Install fire alarms or sprinklers: Installing fire alarms or a sprinkler system in your home can help reduce the risk of damage or loss due to fire, which can lead to lower insurance premiums.
- Upgrade your electrical or plumbing systems: Upgrading your home’s electrical or plumbing systems can help reduce the risk of damage or loss due to water damage or electrical fires, which can lead to lower insurance premiums.
- Reinforce windows and doors: Reinforcing your home’s windows and doors can help reduce the risk of damage or loss due to burglary or severe weather, which can lead to lower insurance premiums.
- Upgrade your home’s heating system: Upgrading your home’s heating system to a more efficient and modern system, such as a gas furnace, can help reduce the risk of damage or loss due to fire or carbon monoxide leaks, which can lead to lower insurance premiums.
- Install impact-resistant windows: Installing impact-resistant windows, which are designed to withstand high winds and flying debris, can help reduce the risk of damage or loss due to severe weather, such as hurricanes or tornadoes, which can lead to lower insurance premiums.
- Add storm shutters: Adding storm shutters to your home can help protect your windows and reduce the risk of damage or loss due to severe weather, which can lead to lower insurance premiums.
- Upgrade your home’s electrical system: Upgrading your home’s electrical system to a more modern and efficient system, such as a circuit breaker panel, can help reduce the risk of damage or loss due to electrical fires, which can lead to lower insurance premiums.
- Install a backup generator: Installing a backup generator in your home can help reduce the risk of damage or loss due to power outages, which can lead to lower insurance premiums.
It is important to keep in mind that the specific improvements that will help you save on insurance will depend on your insurance provider and your individual circumstances. Before making any home improvements, be sure to check with your insurance provider to see if they offer discounts for specific upgrades.